☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 3 days agoOracle Layoffs: Tech giant to slash 30,000 jobs as banks pull out from financing AI data centreswww.livemint.comexternal-linkmessage-square26fedilinkarrow-up189arrow-down10cross-posted to: [email protected][email protected][email protected][email protected]
arrow-up189arrow-down1external-linkOracle Layoffs: Tech giant to slash 30,000 jobs as banks pull out from financing AI data centreswww.livemint.com☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 3 days agomessage-square26fedilinkcross-posted to: [email protected][email protected][email protected][email protected]
minus-square☆ Yσɠƚԋσʂ ☆@lemmy.mlOPMlinkfedilinkarrow-up11·2 days agoI’m a bit surprised the bubble kept going as long as it did. It’s absolutely wild how investors just kept throwing hundreds of billions at tech that didn’t have any clear business model, no market fit, and wasn’t making any substantial revenue.
I’m a bit surprised the bubble kept going as long as it did. It’s absolutely wild how investors just kept throwing hundreds of billions at tech that didn’t have any clear business model, no market fit, and wasn’t making any substantial revenue.